Invesco is chaotic and management lacks proper direction.
Pros
There are many highly intelligent, dedicated and hardworking people at Invesco. The fund managers are dedicated and hold true to the core strategy beliefs associated with the products they manage. There are also many innovative thinkers and sales people who work hard to propel the company forward. The transfer agency is impressively managed to run very efficiently. The health plan is very expensive to employees (very high deductible) but it very broad and covers more than you would expect in a company plan. The work/life benefits are good and the company also offers some work from home days each week in certain departments. Friday's are usually casual and employees wear jeans. This is repeated for the summer months as well. Most full time positions are 37.5 hours a week and the starting vacation allotment is 3 weeks and goes up a week every 5 years until you reach 5 weeks at the 10 year service mark. Employees also have the option to buy or sell a week if they choose. The 401k plan has a 6% match (5 year vesting) and IVZ will add around a 4-4.5% additional salary based allocation to it each year if feasible. There is also a ESPP for employees to buy IVZ stock at a discount and you can buy into any of the IVZ products without paying sales charges.
Cons
Sadly, growth at Invesco is not organic its acquired. Innovation at the firm is seriously lacking and the company as a whole follows trends more than leading the way. The company is also in the process of moving a lot of jobs away from Downers Grove and Houston so if you are applying in these two cities be mindful that you may be asked to relocate or you could eventually be let go. As for the day to day issues, quite a few departments are run by senior leaders or managers that do not communicate and provide minimal training at best. They have extremely high expectations but rely on employees to figure out solutions on their own. Other groups that you work with are uncooperative and there is no sense that we are all on the same "team". A lot of the managers and employees prefer to avoid problematic issues and look negatively at those who want to resolve them. Invesco has lots of meetings and conference calls. They hold meeting after meeting and send out lengthy emails to tout how they provide clear information. However, none of those actually provide any real direction, expectations or actual information. At times its baffling. Most senior leaders and the departments they cover (Marketing, Sales, various Distributor teams, Compliance and IT) have issues with favoritism which leads to a culture comprised of a core group of "yes" people who reject outside ideas and unexcepting of different cultures and backgrounds. This results in senior leaders/executives who are unaware of the many brilliant people who work for them and the value they add. The core group's unwillingness to listen to others also causes the company to miss out on unique ideas and shifting trends. There are good teams here as well as toxic ones that should be avoided or at least entered into carefully. Be mindful of that on any interview and pay close attention to the mannerisms of the people interviewing you. If you find that you take a job and you realize that you are on a toxic team the best thing to do is to start looking elsewhere.